Duke Energy 2014 Annual Report Download - page 199

179
PART II
DUKE ENERGY CORPORATION • DUKE ENERGY CAROLINAS, LLC • PROGRESS ENERGY, INC. •
DUKE ENERGY PROGRESS, INC. • DUKE ENERGY FLORIDA, INC. • DUKE ENERGY OHIO, INC. • DUKE ENERGY INDIANA, INC.
Combined Notes to Consolidated Financial Statements – (Continued)
CONSOLIDATED VIEs
The following tables summarize the impact of VIEs consolidated by Duke Energy and the Subsidiary Registrants on the Consolidated Balance Sheets.
December 31, 2014
Duke Energy
Duke
Energy
Carolinas
Duke
Energy
Progress
Duke
Energy
Florida
(in millions) DERF DEPR(c) DEFR(c) CRC Renewables Other Total
ASSETS
Current Assets
Restricted receivables of variable interest entities (net of allowance for doubtful accounts) $647 $436 $305 $ 547 $ 20 $ 18 $1,973
Other — — — — 68 6 74
Investments and Other Assets
Other — — — — 25 25 50
Property, Plant and Equipment
Property, plant and equipment, cost(a) — — — — 1,855 18 1,873
Accumulated depreciation and amortization — — — — (250) (5) (255)
Regulatory Assets and Deferred Debits
Other — — — — 34 2 36
Total assets $ 647 $436 $305 $ 547 $1,752 $ 64 $3,751
LIABILITIES AND EQUITY
Current Liabilities
Accounts payable ———— 3—3
Taxes accrued ———— 6—6
Current maturities of long-term debt — — — — 68 16 84
Other — — — — 16 5 21
Long-Term Debt(b) 400 300 225 325 967 17 2,234
Deferred Credits and Other Liabilities
Deferred income taxes — — — — 283 — 283
Asset retirement obligations — — — — 29 — 29
Other — — — — 34 4 38
Total liabilities $400 $300 $225 $ 325 $ 1,406 $ 42 $2,698
Net assets of consolidated variable interest entities $247 $136 $ 80 $ 222 $ 346 $ 22 $1,053
(a) Restricted as collateral for non-recourse debt of VIEs.
(b) Non-recourse to the general assets of the applicable registrant.
(c) The amount for Progress Energy is equal to the amount for Duke Energy Progress Receivables Company, LLC (DEPR) and Duke Energy Florida Receivables Company, LLC (DEFR).